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Following in the Balance Sheet of A and B who share profits in the ratio of 32. Balance Sheet of A and B as on

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Following in the Balance Sheet of A and B who share profits in the ratio of 32. Balance Sheet of A and B as on April 1, 2020 Liabilities Amount (OMR) Assets Amount (OMR) Sundry creditors 20,000 Cash in hand 13,000 Capitals 70,000 Debtors 22,000 50,000 B 20,000 Stock 15,000 Fumiture 20,000 Plant & Machinery 20,000 90,000 90,000 a. The value of plant and machinery is appreciated by 20% A provision for doubtful debts is to be created on sundry debtors at 15%. b. 1. Pass the journal entry to record the appreciation of plant and machinery in Revaluation account: a PRO TOSHIBA 2. Pass the journal entry to record the provision for doubtful debts in Revaluation account. 3.The balance of revaluation account will be

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